El duderino_
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Activity: 2506
Merit: 12065
BTC + Crossfit, living life.
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September 24, 2021, 09:32:59 AM Merited by fillippone (3) |
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China banning bitcoin, again: PBOC Says All Crypto-Related Transactions Are Illegal (1) By Bloomberg News (Bloomberg) -- The Chinese central bank says all cryptocurrency-related transactions are illegal, according to a Q&A statement on PBOC’s website about a joint government guidelines on cracking down on cryptocurrency trading and speculation risks. Online crytocurrency services to Chinese clients by overseas exchanges are also illegal It is an urgent task for China to root out crypto mining; the crackdown is important to meet carbon goals, according to the guidelines on website of the nation’s economic planning agency Bitcoin dropped as much as 3.8% on the news; Ether also tumbled, along with crypto-related stocks
On a futures close Friday Cheers
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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LFC_Bitcoin
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Activity: 3528
Merit: 9547
#1 VIP Crypto Casino
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September 24, 2021, 09:34:45 AM Merited by fillippone (3) |
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Fucking China again…..
How long until nobody gives a shit what they do, pathetic.
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machasm
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September 24, 2021, 09:42:44 AM Merited by JayJuanGee (1) |
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Fucking China again…..
How long until nobody gives a shit what they do, pathetic.
Well with a billion people living there, some of which "dabble" in BTC, they will always have some impact on price whatever happens. What is nice to see though, is that it no longer has such a large impact as it did in the past. I think that their "news" has less weight than it used to. Patience my good man, Patience.
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heslo
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September 24, 2021, 09:47:31 AM |
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lol fucking China. Why do we give a fuck what these assholes think anyway? They're about to eat massive amounts of shit with their property market back home... perhaps focus on your own backyard guys
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El duderino_
Legendary
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Activity: 2506
Merit: 12065
BTC + Crossfit, living life.
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September 24, 2021, 09:48:55 AM |
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Morning started good…. Hopefully reconnecting with the morning vibe again
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JSRAW
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Activity: 2156
Merit: 1538
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September 24, 2021, 09:55:16 AM Merited by LFC_Bitcoin (1) |
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So china thingy means that 100k coming soon -Xmas-.
--------------- Molly is hottie.
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El duderino_
Legendary
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Activity: 2506
Merit: 12065
BTC + Crossfit, living life.
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September 24, 2021, 09:59:06 AM |
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F****** China Fud
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 24, 2021, 10:01:26 AM |
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Paashaas
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Activity: 3427
Merit: 4344
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September 24, 2021, 10:10:16 AM |
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What a coincidence that FUD always happens on a Friday...
And everytime there are idiots selling.
They will regret when wave 5 starts in q4.
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psycodad
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精神分析的爸
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September 24, 2021, 10:12:20 AM Last edit: May 14, 2023, 04:31:29 PM by psycodad Merited by JayJuanGee (2), fillippone (2) |
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And perfectly timed to the dip somebody pushed about 6MB worth of 1sat/b transactions into the mempool: https://jochen-hoenicke.de/queue/#BTC,8h,weightInteresting... (and no, I don't think these are panic sellers sending their corn to exchanges) (My lightning funding tx can wait a few hours, easy-peasy..)
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Cryptotourist
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September 24, 2021, 10:15:21 AM |
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Well hello Wall Observers. Back from summer lurking, just in time for the joyride taking us to the end of the year/cycle. Really loving this dip, combined with yesterday’s “hack” on bitcoin.org and all the shit floating around, must mean that heavy uppity is incoming. It’s all about the voyage and not the destination: https://www.youtube.com/watch?v=-tQP46spAk8(Cretan “electro” vs last of the Mohicans theme, lol)
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dragonvslinux
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Activity: 1666
Merit: 2204
Crypto Swap Exchange
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September 24, 2021, 10:24:04 AM |
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Talk me out of putting a newbies goal (0.21 BTC) into Monero..
Looks like a terrible idea. It's been in a downtrend since March 2018. Going below recent lows and it'll probably make new lows for the year, as it's at the line in the sand before breaking down further. The 200 Week MA has been sloping downwards since mid-2020. Price is now below the long-term distribution zone and VPVR point of control. Not good
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ImThour
Copper Member
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Bitcoin Bottom was at $15.4k
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September 24, 2021, 10:44:58 AM |
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$36500 is coming according to the 3H Stoch on BTCUSDT.
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marcus_of_augustus
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Activity: 3920
Merit: 2348
Eadem mutata resurgo
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September 24, 2021, 10:45:42 AM |
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... looks like selling aiming for technical levels, MA, futures expiry, etc, all backed up on some hyped-up, reheated Chinese manufactured FUD, someone trying to exit a losing short position in the futures?
... welcome to Wall St. commodities, the CFTC has to be one of the most crooked outfits on the planet
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LoyceV
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Thick-Skinned Gang Leader and Golden Feather 2021
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China banning bitcoin, again: ~ Filippone QuickTake: LoyceV QuickTake: China fears their real estate bubble might pop when Evergrande goes under, so China tries to force more capital into traditional stock to postpone this a little further. Sarcasm: Let's sell Bitcoin and buy Evergrande, it's a bargain now Fucking China again…..
How long until nobody gives a shit what they do, pathetic. As long as you (and I) post about it, apparently we still care.
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 24, 2021, 11:01:26 AM |
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El duderino_
Legendary
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Activity: 2506
Merit: 12065
BTC + Crossfit, living life.
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September 24, 2021, 11:02:09 AM Merited by JayJuanGee (1) |
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BitcoinBunny
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Merit: 2494
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September 24, 2021, 11:04:49 AM |
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Come on guys. China knows what is best for us. Be reasonable for once in your life. Take the quadruple vaxx shots and stop this ridiculous cryptocurrency and just soak up the 15% inflation every year.
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